ST PAUL, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MINNESOTA CROP IMPROVEMENT ASSOC, founded in 1903, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Net assets of $6.9M represent 26 months of operating reserves.
MINNESOTA CROP IMPROVEMENT ASSOCIATION IS AN ORGANIZATION DEDICATED TO IMPROVING THE PRODUCTIVITY, PROFITABILITY AND COMPETITIVE POSITION OF PRODUCERS, PROCESSORS AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS BY PROVIDING SERVICES TO ENABLE THEM TO PROVIDE HIGH-QUALITY PRODUCTS TO MINNESOTA, THE UNITED STATES AND THE WORLD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,154,494 | $3,365,540 | -0.1% |
| Expenses | $3,433,194 | $3,048,735 | +0.1% |
| Net Income | $-278,700 | $316,805 | -1.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CARL ANFINSON | INTERIM EXEC | 40.00 |
Officer
|
$86,327 | $12,800 | $99,127 |
| SETH DAGOBERG | INTERIM EXEC | 40.00 |
Officer
|
$76,884 | $17,655 | $94,539 |
| FAWAD SHAH | PRESIDENT/CE | 40.00 |
Officer
|
$208,908 | $19,316 | $228,224 |
| BRENT BENIKE | CHAIRMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KELSEY HENKE | VICE CHAIRMA | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DUANE DAHLMAN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GRANT MEHRING | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RYAN ANDERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL BACKMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY B CORTILET | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY JO EHLKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GABEL HOSETH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN JENSEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,154,494 | $3,433,194 | $7,358,829 | $-278,700 |
| 2024 | $3,365,540 | $3,048,735 | $7,304,680 | $316,805 |
| 2023 | $3,114,254 | $2,892,671 | $6,119,241 | $221,583 |
| 2022 | $3,256,796 | $2,767,305 | $6,190,289 | $489,491 |
| 2021 | $2,928,096 | $2,675,141 | $6,114,912 | $252,955 |
| 2020 | $2,811,612 | $2,451,078 | $4,730,114 | $360,534 |
Compare MINNESOTA CROP IMPROVEMENT ASSOC with other nonprofits in Minnesota and across the country.